Vgenopoulos sells 1.3 mln MPB shares

Marfin Popular Bank Chief Executive Andreas Vgenopoulos, informed the Company that on January 5, 2007 he proceeded with the sale of 1,295,325 shares at EUR 8 per share for a total cash consideration of EUR 10.36 mln or CYP 5.9 mln. 

The shares were the result of the exercise of rights (stock option plan) of the members of the Board of Directors and officers of Marfin Financial Group Holdings SA during the Second Period of Exercise (December 2006) and the subsequent exchange of those shares with shares of Marfin Popular Bank Public Co Ltd within the framework of the Public Offers dated 19.9.2006.

Vgenopoulos announced that he does not intend to sell (partly or wholly) his stake, which amounts to 19,832,865 shares corresponding to 2.74% of the new share capital of Marfin Popular Bank Public Ltd.